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s.69C. bogus purchase

Started by rajul5234, August 20, 2016, 10:19:46 AM

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rajul5234

Guj H C. TA 265/08. Dt.1/8/16. Vardhman exports.

Held, If no cash is received back and purchase in stock register is backed by corresponding sales with payment through bank, no addition for bogus purchase is sustainable, that to by invoking s.69C.

R K Patel